Your recent searches

What if I become ill?

Your Employing Company has the discretion to grant an immediate incapacity pension if you become ill or incapacitated, subject to supporting and appropriate medical advice. The benefits available will depend on the severity of your illness. In the most serious ill-health cases, it may be possible to exchange all your pension benefits for an immediate one-off lump sum ('serious ill-health commutation').

What types of pension are possible if I am ill?

There are pensions payable on Total Incapacity and Partial Incapacity.

What is Total Incapacity?

This is where you are not expected to be able to work again. Total Incapacity is a physical or mental impairment and deterioration which, in the opinion of your Employing Company, acting on medical advice, means it is unlikely you would ever be able to work again.

The pension is based on your Pensionable Salary and Prospective Pensionable Service.

What is Partial Incapacity?

Partial incapacity is a physical or mental impairment and deterioration which, in the opinion of your Employing Company, acting on medical advice, is such as to prevent you from following your occupation (and will continue to do so), and which seriously impairs your earning capacity.

The pension will be the greater of:

a) a pension based on Final Pensionable Salary and Pensionable Service at date of leaving; and

b) a pension based on the lower of:

i) a pension based on one-third of your Final Pensionable Salary; and

ii) a pension based on your Final Pensionable Salary and Pensionable Service to Pension Age.

How do I qualify for serious ill-health commutation?

This is only possible if you have a medical condition where your life expectancy is less than one year. Full supporting medical information must be provided and then if your Employing Company and the Trustee agree, you can commute in accordance with HMRC rules. See the SCPF explanatory booklet for further details.